Advanced Driver Assistance Systems (ADAS) market Industry Development Global Advanced Driver Assistance Systems | Page 2

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Global Advanced Driver Assistance Systems (ADAS) Market: Overview
The Advanced Driver Assistance Systems (ADAS) market is estimated to be one of the most
lucrative markets in the automotive sector and projected to grow at a significant rate during
the forecast period 2019-2025. An advanced driver assistance system (ADAS) is a set of
systems used in vehicles to deliver an intelligent and comfortable driving experience.
Increasing government regulations, the rising level of technological innovation and self-
driving cars has raised the demand for driver safety and assistance systems over the past
decade. This is attributed to growth in safety concerns, as the number of road accidents is a
constant rise, especially in developing countries. Various governments work towards
reducing fatalities due to road accidents & increase the safety standards in vehicles, which
drive the ADAS market. These systems are empowered with sensors, radar, and cameras to
assist drivers and provide them with real-time data about the surrounding environment of
the vehicle.
According to National Highway Safety Traffic Administration (United States Department of
Transportation), death tolls in road accidents augmented from 37,461 in 2016 to 40,100 in
2017 even after government initiatives associated to safety seat belt, warnings for alcohol
consumption, and speed level execution. The high scale of growth of the automotive
industry is consequently persuading the use of several sensors technologies to make driving
comfortable, luxurious, and safe. Requisite of automated warning and collision mitigation
technologies is projected to drive the advanced driver assistance system market size.
Global Advanced Driver Assistance Systems (ADAS) Market: System Insights
On the basis of system, the Advanced Driver Assistance Systems (ADAS) market is
segmented into Adaptive Cruise Control, Autonomous Park Assist, Blind Spot Detection,
Driver Monitoring, Front Lighting, Automatic Emergency Braking, Night Vision, Forward
Collision Warning, Lane Departure Warning, Park Assist, Surround View System, Traffic Sign
Recognition, and Tire Pressure Monitoring System. Among them, Adaptive Cruise Control is
the dominating system segment of the entire ADAS market over the forecast period. ACC is
an intelligent form of cruise control that slows down and speeds up automatically to keep
pace with the car in front of the vehicle. ACC provides much better driver safety and aids to
avoid fatal road accidents. ACC is a critical part of the self-driving cars of the near future.
Moreover, a significant drop in the electronic component prices has encouraged ADAS
technology adoption. Rising demand for commercial vehicles, as well as passenger cars, will
provide a positive outlook for the ADAS market. Road sign recognition (RSR) is projected to
be the fastest growing segment of the ADAS Market due to the growing road infrastructure
activity in developed as well as developing economies.
Global Advanced Driver Assistance Systems (ADAS) Market: Sensor Insights
Based on the sensor, the Advanced Driver Assistance Systems (ADAS) market is bifurcated
into LiDAR, Infrared, Ultrasonic, RADAR, and Image Sensor. Radio Detection and Ranging
(RADAR) segment dominate the ADAS market over the forecast period 2019-2025. The
ability of signal saturation through mediums that contain fog, clouds, snow, and insulators
are key attributes projected to fuel the segment demand. These sensors help in accident
prevention caused by driver error, drowsiness, and distraction, in turn, driving the global
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